£163,271
This estimated value is based upon the latest sale price for the house of £132,000 on 2 Aug 2018. This value is then adjusted by the current Official House Price Index for CITY OF DERBY 1
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| Price Paid | Date |
|---|---|
| £132,000 | 2 Aug 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 57 sq meters or 613 sq feet |
This model uses changes in the Official Land Registry House Price Index for CITY OF DERBY to estimate the market value.
When this house was purchased in August 2018 the House Price Index for CITY OF DERBY was 120.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.690%.Applying this 23.690% change to the original purchase price of £132,000 results in an estimated price of approximately £163,271.
| 2 Aug 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 148.6 | 23.690 % | £132,000 | £31,271 | £163,271 |
The Postcode Pricing Model uses changes in average sales price within the DE24 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 22.249 % | £29,369 | £161,369 |
| 3 Month Average | 29.266 % | £38,631 | £170,631 |
| 6 Month Average | 29.446 % | £38,868 | £170,868 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £559,795 | £550,000 | 1231 LONDON ROAD |
| 14 Jul 2023 | £207,797 | £205,000 | 23 LINCOLN AVENUE |
| 9 Jun 2023 | £182,207 | £180,000 | 43 LINCOLN AVENUE |
| 24 Apr 2023 | £133,942 | £132,500 | 34 WYE STREET |
| 31 Mar 2022 | £176,683 | £170,500 | 21 LINCOLN AVENUE |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 25 Jul 2017. Using an estimated price of £163,271 means this house is valued at £2,864 per sq meter (£266 per sq foot).
The average size of a house on LINCOLN AVENUE is 76 sq meters (819 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lincoln Avenue |
| Mar 2024 | Anti-social behaviour | On or near Lincoln Avenue | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hollis Street |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Hollis Street |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hollis Street |